Back was an early Bitcoin developer and the first person to receive an email from pseudonymous Bitcoin creator Satoshi Nakamoto.
Bitcoin’s institutional adoption remains strong, increasing the resilience of the world’s first cryptocurrency, according to Adam Back.
Bitcoin (BTC) is “bootstrapped sufficiently” in terms of institutional adoption, partly thanks to the US spot Bitcoin exchange-traded funds (ETFs), Adam Back, the co-founder and CEO of Blockstream and the inventor of Hashcash, told Forbes during an interview. He continued:
Back noted that others also remain interested in Bitcoin adoption, including entire countries:
